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In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan. In February 2018, the World Bank imposed a 33-month debarment on PEL, its affiliates PEL Marketing, Kohinoor Power Company, and its former general manager, Abdul Waheed Butt, for engaging in collusive practices during bidding on World Bank-financed ...
Arçelik produced its first washing machine in 1959 and its first refrigerator in 1960 at its manufacturing plant in Çayırova, Istanbul. In 1986, Arçelik A.Ş. went public on Borsa Istanbul . In 1999, Arçelik and LG Electronics founded the joint-venture Arçelik-LG Klima Sanayi ve Ticaret A.Ş. for manufacturing air conditioning units for ...
In 2017, Samsung inaugurated two home appliances manufacturing plant in Bangladesh, in collaboration with Fair Electronics and Transcom Electronics. [5] [6] In 2018, LG Electronics inaugurated TV manufacturing plant in Bangladesh, in collaboration with Butterfly Group. LG also planned to open a refrigerator and air conditioner manufacturing ...
Kelvinator ad from 1920 Kelvinator refrigerator, c. 1926. The enterprise was established on September 18, 1914, in Detroit, Michigan, United States, by engineer Nathaniel B. Wales, who introduced his idea for a practical electric refrigeration unit for the home to Edmund Copeland and Arnold Goss.
Haier Pakistan was founded in 2001 as a joint venture between Ruba Group (now known as JW-SEZ Group) and Haier with an initial investment of US$500 million. [ 1 ] [ 2 ] In 2004, Haier began manufacturing home appliances in Pakistan, including microwave ovens .
Food in a refrigerator with its door open. A refrigerator, commonly shortened to fridge, is a commercial and home appliance consisting of a thermally insulated compartment and a heat pump (mechanical, electronic or chemical) that transfers heat from its inside to its external environment so that its inside is cooled to a temperature below the room temperature. [1]
The Habib Group is a Bangladeshi industrial conglomerate.Founded in Chittagong in 1947, it employs over 20,000 people and has interests in textiles, aviation, cement, steel, real estate, insurance and banking.
The High Commissioner of Bangladesh to Pakistan is the top diplomatic representative of Bangladesh to Pakistan. The High Commissioner heads the Bangladeshi High Commission in Islamabad . [ 1 ] The post was created on 3 January 1976, shortly after Pakistan and Bangladesh established diplomatic relations .